(A) Pursuant to I.C. 36-7-14-3, the Council hereby establishes the Town Department of Redevelopment (the “Department”), for the purposes of and to exercise the powers set forth in the Act or otherwise granted by law. The Department will be controlled by a board of five members to be known as the Town Redevelopment Commission (the “Redevelopment Commission”), two of whom shall be appointed by the Council and three of whom shall be appointed by the President of the Council.
(B) Each initial Commissioner, appointed in 2007, shall serve from the date of appointment to January 1, 2009. Each Commissioner appointed thereafter shall serve a one-year term from January 1 after his or her appointment. Any vacancy shall be filled in the same manner as the original appointment and the successor shall serve the remainder of the vacated term.
(Ord. 2007-10, passed 2-15-2007)